"The fiat system, as it's structured globally, has to nominally grow. It always has to expand because it's so levered. It can contract for short periods of time, but it just can't keep contracting... it would totally implode." - @LynAldenContact with @WalkerAmerica

Why Bitcoin Didn’t Go Parabolic & What Comes Next (full episode) @therationalroot with @WalkerAmerica Is Bitcoin in a bear market? When will we hit the bottom? How long until bitcoin hits $1M? Walker sits down with Bitcoin analyst Rational Root for a deep dive into Bitcoin’s current market structure, bear market vibes, and why this cycle has felt so different, and whether the four-year cycle is still intact. Root argues Bitcoin is in a bear market phase, explains why institutional adoption and ETF flows created a more distributed top instead of a classic parabolic blow-off, and lays out why the next few months may look more like bottom formation than immediate breakout. They discuss the role of long-term holder distribution, why 100k became such a major psychological level, how business cycles and halving cycles interact, and why Bitcoin remains massively bullish long term even if price chops lower in the near term. CHAPTERS: 00:00 TRAILER: A Bitcoin Bear Market? 01:54 Current Vibe Check on Bitcoin 11:14 ETF Holdings and Institutional Adoption 17:17 The Diminishing Returns of Bitcoin 22:14 ETFs and Retail Demand 27:30 Bitcoin’s Four-Year Cycles 36:23 Comparing Bitcoin to Prior Cycles 41:37 Diminishing Returns and Gold’s Price Action 50:41 What a Broken Bitcoin Spiral Looks Like 57:54 Measuring Bitcoin in Fiat 1:04:24 DCAing into Bitcoin

"This is not just a simple mid-cycle correction anymore, this is a bear market that's going to take slightly longer... I still think a million could be potentially two bull markets away... if you're wanting to get into Bitcoin, minus 50 % currently is already undervalued." - @therationalroot with @WalkerAmerica